European markets opened mixed on Thursday as traders assessed the outlook for global inflation and the trajectory of potential central bank interest rate cuts.
British FTSE 100 The German stock index is expected to open 24 points higher at 8,041 German DAX Index France rose 1 point to 18,975 CAC Up 12 points to 7,223 points, Italy FTSE MIB IG data showed it fell 19 points to 33,404 points.
Today is another busy day for financial reports. Companies such as Siemens, Bilfinger, Merck, Fincantieri, Gilles, Generali, Vion, Swiss Re, Burberry, Metrobank, Aviva and Deutsche Telekom are all here. The financial report was released during the meeting. European employment data will also be released on the data front.
Investors are assessing the possibility of another rate cut by the Federal Reserve in December following the release of the latest U.S. inflation data. October consumer price index Wednesday’s data was in line with expectations but showed the Fed’s battle against inflation has not yet been won.
The core consumer price index, which excludes volatile food and energy prices, rose 0.3% for the third consecutive month, bringing the 12-month gain to 3.3%.
Investors are also considering whether the post-election rally following Donald Trump’s decisive victory last week remains valid after pushing major U.S. stock indexes to new highs. US stock futures Not much changed Wednesday night, and Asia Pacific market Trade in mixed areas.
